School Dropout Builds Rs 2,256 Crore Steamed Bun Empire, Donates to Charity

• Liu Huiping, a school dropout from Anhui province, built a steamed bun business now earning Rs 2,256 crore annually.
• Started with a failed shop in Shanghai (1998), then relaunched Master Liu’s Steamed Bun (2001) focusing on hygiene and quality ingredients.
• Renamed to Babi Steamed Bun, the brand expanded rapidly despite challenges like a violent attack and a machine accident.
• Built a factory in Shanghai (2008) and listed Babi Food Company on the Shanghai Stock Exchange in 2020.
• Now has over 5,600 stores across China and is known for donating to education and supporting poor students.